CBO report on stimulus

Fox News just reported (no link yet) that a new report from the (non-partisan) Congressional Budget Office determines that the stimulus package being proposed by Democrats actually spends most of the money years from now.  Only 7% of the “stimulus” spending would be in the next year. In other words, it’s just a boondoggle, not a stimulus package, even if you buy the idea that we can stimulate the economy with deficit spending.

UPDATE: Here’s the story.

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